The Niobe was a four-masted schooner built in 1913 in Danmark. Used as transportation ship and later as a lightship, she came in 1922 to the German Reichsmarine, where she was converted into a three-masted bark.

The Niobe was used as a training ship, roughly 350 cadetts were trained on her each year.

On July 26th, 1932, Niobe was on her way from Kiel to Swinemünde, passing the Fehmarnsund, as a sudden squall pushed her overdimensioned sails down. Within seconds the vessel is listing around 50°. Due to the hot weather all hatches and portholes were opened to get fresh air in. Now the water gets in and within four minutes the Niobe sinks.

Fourty men survived and were rescued, but 69 men died. 19 of them were never found.

The monument is to remind of the loss of the Niobe and those 69 men. Every year a wreath is placed at the momument on the day she sank.

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